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07/2019

AVISA PARTNERS acquired by RAISE

FRANCE Professional Services / Consulting & Audit EV 100M - 350M EUR

Context

Raise Investissement entered into exclusive negotiations to acquire a 25% minority stake in Avisa Partners. The operation is structured as an Owner Buy-Out (OBO), allowing the management team—comprising around 15 partners—to retain control with a 75% stake. The transaction facilitated the entry of two new partners into the capital. The funds raised are intended to finance international expansion (Berlin, Washington) and acquisitions to challenge Anglo-Saxon market leaders.

AVISA PARTNERS, which reported an EBITDA margin of in 2018, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Business Services sector (11.6x).

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Target

Avisa Partners is a French strategic intelligence and cybersecurity firm. It distinguishes itself by a "downstream" positioning, providing operational support (influence, e-reputation, cyber-defense) to clients already active internationally. At the time of the deal, the firm employed ~100 people across Paris, Brussels, and London, generating over 50% of its revenue from foreign clients.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2018
2017

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12/2017PERMIRADUFF & PHELPSUNITED STATESConsulting & Audit
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05/2017ABENEXEUROPA GROUPFRANCEMarketing & Events
06/2016ARDIANDIAMFRANCEMarketing & Events
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REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 10M - 30M EUR

EBITDA range: 5M - 25M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of AVISA PARTNERS by RAISE are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Acquirer: raise